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QLD › Highgate Hill › Prospect Tce

33 Prospect Tce, Highgate Hill QLD 4101

House

$1,600,000

Last sold

4 Dec 2023

4

Bedrooms

2

Bathrooms

3

Car spaces

413 m²

Land

291 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,600,000 (4 Dec 2023).(Recorded sale)
  • CalculationRecorded House sales in Highgate Hill (last 5 years) with land size: median $3,992/m² of land (n=25). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,600,000

4 Dec 2023 · derived via latest_sale

Local land rate: recorded House sales in Highgate Hill (last 5 years) with land size have a median of $3,992/m² of land (n=25). Districts calculation from recorded sales — not a valuation.

Highgate Hill at a glance

7,436

People

$2,030,000

Median sale

$788/wk

Median rent

2.02%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Highgate Hill report →

Vs Highgate Hill

-21.2%

Median sale

Suburb $2,030,000

+0.54 pp

Gross yield

Suburb 2.02%

Suburb median $2,030,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$1,600,0004 Dec 2023
  2. Listedprice unknowncompleted11 Oct 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $788/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Highgate Hill in one glance

Highgate Hill at a glance

7,436

People

$2,030,000

Median sale

$788/wk

Median rent

2.02%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Highgate Hill report →

Keep researching

  • Why Highgate Hill? Read the area thesis →
  • What else is on the market in Highgate Hill →
  • Other records on Prospect Tce →

Listing material

Listed by First National Real Estate Metro

Your Family Home in Prime Location

Auction Location: On-Site

SOLD

Location. Family. Lifestyle.

Read the full description

Families and Investors, do not miss out on this rare opportunity to own one of Brisbane's most sought after piece of land. This is your classic north facing pre-war home on 413sqm of prime, blue-chip location within the Brisbane State High School Catchment Zone - semi-renovated and vacant - ready to move in or lease out today. The wide and tranquil street of Prospect Terrace is beautifully set with Jacarandas, within a couple kilometres distance to everything, yet superbly private. This opportunity will not be easy to come by again.

This character-filled four bedroom home balances original features like stunning polished floorboards, with contemporary updates like the renovated kitchen and bathroom. Upon entrance via the front door, you are welcomed with the warm tones of original polished timber floors, with a fully windowed office in the front. Moving down the hallways, you have 4 generously sized bedrooms, fitted with ceiling fans and extra high ceilings. The house is semi-renovated with a large modern bathroom, and includes another large bathroom that can be fully functional with dual wash basins, dual separated toilets and shower or re-imagined into your dream ensuite.
Upon entry to the open plan kitchen, living and dining area, you are met with lots of natural light and the perfect indoor/outdoor entertainment set-up. Families are sure to enjoy the large French doors that open up to a huge wooden entertaining deck at the back of the house.

Downstairs is a gem not to be missed. Although previously not refurbished for family use, the spacious undercover area have endless opportunities to make this home a true entertainer's dream. You can fully enclose the undercover area or leave it open. Your choice to install a theatre, wine cellar, bar, office, workshop, man-cave, games room…the options are endless.

33 Prospect Terrace is a low-maintenance home, fully concreted, as is can fit 3-4 cars comfortably via a wide, gated driveway on the side. It is however also a clean palette for you to design your own family backyard - you can build another carport, install a pool, add a patch of grass for you pets etc.

The property is also fully installed with a rain water tank and German solar inverter with European panels, previous owners have had no need to pay electricity.

Features:

- Brand new bathroom

- Living Air-conditioning installed

- Spacious kitchen with electric stove top

- High ceilings

- Semi-renovated

- Covered entertaining deck

- 3 car spaces

- Short-term rental suitable for extra income

- German inverter and European solar panels

- Water Tank

Location:

- Brisbane State High School Catchment (650m)

- Somerville House College via Stephen Road (200m)

- St Laurence's College (180m)

- Dutton Park State SchoolDutton Park State School Catchment (1.3km)

- South Bank Train Station (500m)

- South Bank Parkland Busway (500m)

- Local Bus Stop (150m) (Route 202 & 196)

- Free Loop Buses from South Brisbane to CBD via Vulture Street (200m)

- Mater Hospital Brisbane via Hancock Carpark (700m)

- Queensland Children's Hospital (650m)

- South Bank (500m)

- West Village (1.8km) (Shopping Precinct)

- Murray Evans Sports and Aquatic Centre (200m)

- City CBD (2km walk via Goodwill Bridge)

- QUT (1km walk via Goodwill Bridge)

- Griffiths Film School (750m)

Other Information:

- Rates: ~$2,975 approx. per annum

- Urban Utilities: ~$1,325 approx. per annum

- Rental Appraisal: $1100 - $1200 per week

- Building & Pest Reports Available

Listing description written by Ryan Lim & Lauren Tang, First National Real Estate Metro — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Courtyard
  • Deck
  • Floorboards
  • Fully Fenced
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 4
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.